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<blockquote data-quote="TennesseeTuxedo" data-source="post: 862088" data-attributes="member: 16965"><p>"When cattle prices are high, producers begin</p><p>to rebuild their herds by retaining "high value"</p><p>heifers or by purchasing replacements. The</p><p>thinking is that with high cattle prices, it is time</p><p>to get into beef production or to increase current</p><p>cow inventories. After the rebuilding phase</p><p>occurs, supplies increase and prices drop. This</p><p>is the beginning of the herd liquidation phase of</p><p>the cattle cycle."</p><p></p><p>I find this quote from the publication very interesting.We're not in a normal cycle I don't believe due to the drought conditions therefore for those who can a build up in their herd should be a less risky proposition than in normal times.</p><p></p><p>My :2cents:</p></blockquote><p></p>
[QUOTE="TennesseeTuxedo, post: 862088, member: 16965"] "When cattle prices are high, producers begin to rebuild their herds by retaining “high value” heifers or by purchasing replacements. The thinking is that with high cattle prices, it is time to get into beef production or to increase current cow inventories. After the rebuilding phase occurs, supplies increase and prices drop. This is the beginning of the herd liquidation phase of the cattle cycle." I find this quote from the publication very interesting.We're not in a normal cycle I don't believe due to the drought conditions therefore for those who can a build up in their herd should be a less risky proposition than in normal times. My :2cents: [/QUOTE]
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